How To Be Financially Stable In Your Twenties And Early Thirties
As the calendar flips to a new year, many of us find ourselves reflecting on the past and contemplating the possibilities ahead. Setting goals for the new year is a powerful way to channel our aspirations and create a roadmap for personal growth. In the spirit of achieving financial success and personal well-being, let's delve... Continue Reading →
Building a safety net for your finances is an important part of planning for your own money. Once you have a handle on your day-to-day finances and have thought about your long-term financial goals, you are in the best position to build a safety net. This can help make sure that financial disasters don't mess... Continue Reading →
The cost of living crisis is a very real threat looming for many families over the coming months, and this is not something that’s just going to go away in a hurry. In order to ensure peace of mind, and avoid financial difficulties, it would be a good idea to plan and prepare for this... Continue Reading →
In a previous post, we've discussed the many advantages of starting a side hustle venture to provide an additional source of income to your household. Side hustles can not only help diversify your income, but they can also be scalable. If they are successful, you can grow them and boost your income even further. You... Continue Reading →
About the author: Lyle Solomon has considerable litigation experience as well as substantial hands-on knowledge and expertise in legal analysis and writing. Since 2003, he has been a member of the State Bar of California. In 1998, he graduated from the University of the Pacific’s McGeorge School of Law in Sacramento, California, and now serves... Continue Reading →
Buying a home is an exciting milestone in anyone's life. However, it can also be a bit daunting, especially if you're on a tight budget. The following blog will discuss some tips and tricks for saving money when buying your first home. So read on and get started on your homeownership journey today! 1) Do... Continue Reading →
All companies look for ways to reduce business costs. Obvious choices include cutting employees or scaling back operations. But new technologies offer compelling alternatives. Think About Long-Term Solutions If everything goes well, your company will be around for a long time. However, many things can happen between now and when you retire or sell your... Continue Reading →
Financial literacy is a life skill that everyone should learn. It’s as fundamental as knowing how to cook or dress yourself. Yet it can sometimes seem that the manipulation of our budgets, learning about percentages and interest, figuring out passive and active income, and of course, crawling out of debt can feel much more difficult... Continue Reading →
If you feel like you're always battling with your finances, be hopeful because many have walked your path and succeeded at fixing their money challenges. According to a MarketWatch article of last November, only about 30% of people can confidently declare that they are financially stable. It can be difficult to keep on top of... Continue Reading →
I have been working in the finance industry for a while. I started in retail banking, working primarily with individual personal accounts and corporate accounts, then I transitioned into corporate finance on the analysis side. I have learned a lot in the process and here are two things I can guarantee: All companies have a... Continue Reading →
In my experience, making the effort and taking the time to plan and manage your money responsibly pays off. Too many millennials (and people in general) simply go with the flow when it comes to money management and they get painfully surprised when the unexpected happens or simply when they need the money. When you... Continue Reading →
When explaining to people, especially millennials, that it will take discipline in their finances to achieve stability, some of them tend to cringe. The truth is just like it takes effort, discipline in consistency in any other worthwhile endeavor, being secure financially doesn’t happen by accident. In the past couple articles, we looked at investing,... Continue Reading →
We all know that with adulthood, come certain responsibilities. One major one is to get your finances in order. The common basic thought is that it all start with a defined budget. To some extent, that is true but real, long term financial stability involves more. From managing debt and credit to planning your income... Continue Reading →
Millennials in general are viewed as people in their late teens through mid twenties. However, let’s remember that the term millennial does not refer to an age range but rather a generation. Given that most millennials are now in their twenties or thirties, they’re living independently - or trying - and trying to find their... Continue Reading →
Regardless of what your finances currently look like today, improving your financial health or maintaining it in a good state should be what you strive for. Unfortunately, it’s very easy to fall into the simple pitfalls that could derail those hopes. Prior to social media, it was already very difficult to refrain from buying attractive... Continue Reading →
Although the road ahead for you might seem full of twists and turns, and that financial stability seems that it will never going to truly be something within your reach, I think differently. Anything can be done when you put your mind it, and nothing will make your life more relaxed than when you have... Continue Reading →
It is no news that an increasing number of people work behind a desk, staring at the computer, or driving around for 8 hours per day. The first job that I ever held was a cashier’s position at a grocery store. Very quickly, I came to dislike it because I was standing for several hours... Continue Reading →
When it comes to financial stability and discipline, saving is usually the first step that people struggle with. It is where self-control is required and where so many people fail to succeed at. When I was working in banking, I had two types of clients: the ones who had large savings account that consistently grew... Continue Reading →
School is out for most students, the sun is shining, the sky is blue, and it is time for hundreds of thousands of Americans to take time off for vacations. When I was a kid, my family never really took vacations. I remember going away with some friends one summer and for three weeks, we... Continue Reading →
***Guest Post I am a big supporter of budgeting tools. In the past, I've used spreadsheet and simple note style budgets but I have been slowly transitioning to mobile apps. The need for a personal budget is undeniable, whether you make $35,000 per year or $1,000,000. Unless you have a way to monitoring you money,... Continue Reading →
Money-Smart Millennials 